New Delhi, Jan 24 (IANS) The textiles sector in India has seen tremendous growth in the last decade — from Rs 8.4 lakh crore in 2014 to around Rs 16 lakh crore today, becoming one of the biggest platforms for generating employment, according to the government.Textiles Minister Giriraj Singh said the domestic market also increased from Rs 6 lakh crore to Rs 13 lakh crore in 2025, while the country’s exports also witnessed over 25 per cent rise post-pandemic.Addressing the 74th Edition of Indi…
Latest RoSCTL News & Updates
New Delhi, Jan 16 (IANS) In a bid to strengthen India’s e-commerce and MSME sectors, the government on Friday said it has extended export incentives to postal shipments, with effect from January 15.The Central Board of Indirect Taxes and Customs (CBIC) said it has extended export-related benefits under the Duty Drawback, Remission of Duties and Taxes on Exported Products (RoDTEP) and Rebate of State and Central Taxes and Levies (RoSCTL) schemes to exports made through the postal mode in electr…
New Delhi, Dec 20 (IANS) The government has said it is in regular consultation with exporters, including MSMEs, across different states to assess the impact of US tariff on textiles and apparel exports and other challenges, and continues to work to mitigate the impact of the US tariff measures on Indian exports through a comprehensive multi-pronged strategy.According to Minister of State for Textiles, Pabitra Margherita, the strategy encompasses intensive engagement with the US government for a …